Funding public pension systems represents one of the greatest financial challenges for state and local governments today. About 85 percent of state pension systems are underfunded, with enough assets to cover only 80 percent of their future pension commitments, according to Wilshire Research. The unsustainable growth in pension funding requirements could easily crowd out opportunities for governments to invest in education, economic development and health care.

This report examines the origins of this predicament, what options governments have for managing their current situation and suggests solid steps they can take on the road to recovery. Learn more from the PDF attachment below.

Sign up for alerts from Deloitte Research

About Deloitte Research
Operating through a network of research professionals, senior consulting and accounting practitioners, academics and technology partners, Deloitte Research delivers innovative, practical insights companies can use to improve their overall business performance. Through its in-depth publications, surveys, reports and commentary, Deloitte Research identifies, analyzes and explains major issues that drive today's business dynamics and shape tomorrow's marketplace.

Return to the Deloitte Research homepage.